What Does These Abbreviation /Keyword Mean in Media

question 21

Multiple Choice

What does these abbreviation /keyword mean in Media ?
-Power point

• A)corporate presentation
• B)documentary
• C)feature film
• D)none of the above

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Definitions:

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, allowing for better performance evaluation.

Indirect Materials

Materials used in the production process but not directly traceable to a finished product, such as lubricants for machinery.

Spending Variance

The difference between the budgeted or planned amount of expense and the actual amount spent.

Standard Costing System

A cost accounting system that assigns expected costs to products to help managers monitor and control actual costs.